BTCUSDT.P - November 14, 2025BTCUSDT.P – 15m
Trend:
Price remains in a clear short-term downtrend, confirmed by the descending trendline that continues to act as resistance.
Current Structure:
Price is consolidating just above a nearby support area around 96,800–97,200.
A second, larger support area sits lower at 93,500–94,200, which may be tested if the current support fails.
Key Levels:
Resistance: 99,300–99,800, which aligns with the descending trendline. This is a strong area where sellers have previously reacted.
Support:
Immediate: 96,800–97,200
Major: 93,500–94,200
Scenarios:
Bullish:
A decisive break above the descending trendline combined with a move back above 99,300–99,800 would suggest a potential short-term trend reversal.
Bearish:
Failure to break the trendline and a drop below 96,800–97,200 would increase the likelihood of price moving down toward 93,500–94,200.
Momentum:
Recent candles show indecision and limited follow-through, indicating the market is waiting for a breakout or breakdown at this trendline–support intersection.
